Panama Canal Eases Shipping Limits to Resolve Bottleneck

30 Aug 2024 CW Team

The Panama Canal has eased restrictions that previously caused significant global shipping bottlenecks. This decision comes as part of efforts to alleviate delays and improve the efficiency of maritime trade routes.

The canal, a crucial conduit for international shipping, had imposed limits on vessel sizes due to water levels and congestion issues. The easing of these restrictions aims to enhance the flow of cargo and reduce the waiting times for ships passing through this critical global trade route.

The move is expected to have a positive impact on global shipping logistics by improving the reliability and speed of transportation. With reduced delays, shipping companies can better manage schedules and costs, which is crucial for maintaining the efficiency of the supply chain and meeting global trade demands.

This adjustment reflects ongoing efforts to optimize the canal's operations and accommodate increasing maritime traffic. By addressing the bottleneck, the Panama Canal plays a vital role in supporting the smooth flow of international trade and enhancing global economic connectivity.

In summary, the Panama Canal's decision to ease shipping limits is a significant step towards resolving global shipping bottlenecks, improving trade efficiency, and supporting the seamless movement of goods across international markets.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..